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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Introducing Windbell: Let the breeze cater to your needs
22 Sep 2020 10:00 Windbell is a service that incentivizes human curation of information via the micropayment capability of Bitcoin, Joshua Henslee writes. [...]
Ira Kleiman attempts to delay Lynn Wright probate case The probate case concerns the estate of the late Dave Kleiman, who is at the heart of the Kleiman v Wright litigation. [...]
Ryan X. Charles: ‘It will take me rest of my life to master all of the material’ Money Button founder Ryan X. Charles has made it his mission to find Bitcoin's true meaning, and educate himself and others. [...]
Gibraltar publishes updated guidance for DLT service providers The Gibraltar Financial Services Commission has overhauled seven of its nine guiding principles on which the regulatory framework is based. [...]
Bitcoin ATMs Surpass 10,100 Worldwide: Expert Shares Industry Outlook The bitcoin ATM industry has reached a milestone as the number of machines installed worldwide has surpassed 10,000 after seven years ...
Leaked Data Outs Bitcoin Investment Company as Scam: Founders Deny the Allegations A South African group calling itself “Anonymous ...
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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